Vernon Hill - Metro Bank

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Last quote by Vernon Hill

We've had the best quarter we've ever had. The momentum has really grown with Metro Bank every quarter. Whether its deposits or loans, our earnings are growing. We're very excited that this month we'll pass one million accounts - that's sort of a magic number for a company that started from scratch. This is not meant to be a better U.K. bank, this is a complete reinvention of how banking is delivered in Britain. This model is about taking market share from the Big Four. Even today we only have 1 percent of the Greater London market so there's lots of room for us to take market share.feedback
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Apr 26 2017 London
Vernon Hill has most recently been quoted in an article called Metro Bank shares drop as growth lags frothy expectations. Vernon Hill said, “We've had the best quarter we've ever had. The momentum has really grown with Metro Bank every quarter. Whether its deposits or loans, our earnings are growing. We're very excited that this month we'll pass one million accounts - that's sort of a magic number for a company that started from scratch. This is not meant to be a better U.K. bank, this is a complete reinvention of how banking is delivered in Britain. This model is about taking market share from the Big Four. Even today we only have 1 percent of the Greater London market so there's lots of room for us to take market share.”.
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